HollyFrontier (HFC) Raises Quarterly Dividend 3.1% to $0.33; 3.2% Yield

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Go back to HollyFrontier (HFC) Raises Quarterly Dividend 3.1% to $0.33; 3.2% Yield

HollyFrontier Corporation Announces Increase in Regular Cash Dividend

May 13, 2015 4:41 PM EDT

DALLAS--(BUSINESS WIRE)-- HollyFrontier Corporation (NYSE: HFC) ("HollyFrontier") announced today that its Board of Directors approved an increase in the Company's regular quarterly dividend to $0.33 per share from the previous rate of $0.32 per share. This is the seventh increase in the regular dividend since our merger in July of 2011. The dividend will be paid on June 26, 2015 to holders of record of common stock on June 5, 2015.

Mike Jennings, CEO and President of HollyFrontier, commented, "Todays dividend increase reflects the Boards continued commitment to returning cash to shareholders through dividends and our recently announced $1... More